Bail granted to person accused of claiming Fake ITC of worth Rs. 6.04 crores by Gujarat Court

One of the District Court in Gujarat has granted bail to a person accused of claiming a Fake Input Tax Credit [ITC] of worth Rs. 6.04 crores.

The applicants claimed to purchase the material work of 33.56 crores having claimed of Input Credit of Rs. 6.04 crores, which in fact, has not been purchased but fake bills have been obtained without supply and receipt of the goods so as to wrongfully claim the input tax credit.

That the authority has alleged that transactions of sales and purchases of goods are without actual receipt and supply of goods resulting in the evasion of GST to the tune of Rs.6.04 crores.

The applicant is a permanent resident of Bhavnagar and if released on bail, will not likely to abscond or to tamper evidence of the prosecution by inducement or threat to witnesses and shall fully co­operate with the investigation. The applicant is ready and willing to furnish a bail bond of the amount as deemed fit to the Hon’ble Court and admit to comply the conditions that may be imposed. Therefore, this Court has vast powers to release on bail. Hence, it is prayed to grant the present application.

­Order of Court

(1) This application is hereby allowed.

(2) The applicant Rajendra Mansingbhai Rathod, arrested by by Intelligent Officer, DGGI, Zonal Unit Ahmedabad in connection with File bearing No. DGGI/ AZU/ Gr.D/ 12(4)369/ 2021­22, is hereby released on bail on his furnishing a personal bond for the sum of Rs.15,000/­ (Rupees Fifteen Thousand Only) with one surety of the like amount to the satisfaction of the Trial Court, subject to the conditions that the applicant shall:­

(a) furnish the address of his residence to the Investigating Officer and also to the Court at the time of execution of the bond and shall not change his residence without prior permission of the Court;

(b) surrender his passport, if any, to the Lower Court, within a week.

(c) applicant shall make himself available before the Investigating agency for interrogation whenever and wherever called for.

(d) The applicant shall not leave the local limits of Gujarat without prior permission of this Court.

(e) shall not contact or threatened the witnesses in any manner.

(f) Bail Bond shall be furnished according to the satisfaction of the Lower Court having jurisdiction to try the case.